$BTC
Vietnam has decided to interfere in the crypto world for good. Until now, they were in that scheme of 'it's not prohibited... but it's also not allowed.' Like that friend who shows up at the party uninvited, but no one sends him away.
Now, they are seriously talking about creating an official policy to regulate the market. Why? Simple: people there are using crypto like it's water. Vietnam is one of the countries with the most people operating, playing play-to-earn, farming, trading... they live on the blockchain.
The government, of course, has already realized that they are missing out on taxes from all this and now wants to bring order. But the people's fear is that classic one: instead of organizing, they will impose a bunch of absurd rules and ruin the fun.
If they do it right, Vietnam could become a crypto powerhouse in Asia. If they mess it up... it will just be another country driving away investors.